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Author Question: A cartel is a group of firms that attempts to A) maximize joint revenue. B) maximize joint ... (Read 69 times)

abc

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on: Jul 1, 2018
A cartel is a group of firms that attempts to
 
  A) maximize joint revenue.
  B) maximize joint profit.
  C) behave independently.
  D) increase consumer surplus.

Question 2

The result that different auction styles in which the good goes to the winner with the highest valuation of the good generate the same amount of revenue is called
 
  A) Revenue Equivalence Theorem.
  B) Marginal Revenue Theory.
  C) Auction Revenue Theory.
  D) First Bid Revenue Theorem.
Microeconomics ¦ Perloff ¦ 8th Edition
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orangecrush

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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abc

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

Joy Chen

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Reply 3 on: Yesterday
Wow, this really help

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